AT&T closed the first quarter with higher profit thanks to more than 27% growth in margins in the wireless sector. Net income for the year rose to 3,6 billion, equal to 60 cents per share, from 3,4 billion, equivalent to 57 cents per share, in the same quarter last year.
The consensus drafted by Thomson Reuters I/B/E/S indicated earnings per share of 57 cents. Consolidated revenues show growth of 1,8% to 31,8 billion, substantially in line with forecasts. The second US mobile operator registered 187.000 new users in the quarter and activated 5,5 million smartphones. In pre-exchange trading on the New York Stock Exchange, AT&T shares rose on the back of the results.
